Confidence sets for the date of a break in level and trend when the order of integration is unknown

We propose methods for constructing confidence sets for the timing of a break in level and/or trend that have asymptotically correct coverage for both I(0) and I(1) processes. These are based on inverting a sequence of tests for the break location, evaluated across all possible break dates. We separ...

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Bibliographic Details
Main Authors: Harvey, David I., Leybourne, Stephen J.
Format: Article
Published: Elsevier 2015
Subjects:
Online Access:https://eprints.nottingham.ac.uk/32662/